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RESOLUTION 200-68 <br /> RESOLUTION OF THE COMMON COUNCIL OF THE <br /> CITY OF SOUTH BEND AUTHORIZING THE EXECUTION <br /> OF A CONTRACT FOR THE PURCHASE OF CERTAIN <br /> DISPOSITION PARCELS IN THE URBAN RENEWAL <br /> CENTRAL DOWNTOWN PROJECT, NO. IND. R-66 <br /> FOR PARKING PURPOSES , AS AMENDED. <br /> WHEREAS, the United States of America has approved <br /> Part I of the Application for Loan and Grant for a certain <br /> project identified as the Central Downtown Project, Ind. <br /> R-66, and <br /> WHEREAS, it is anticipated that the City of South <br /> Bend, Department of Redevelopment, will enter into a certain <br /> Loan and Capital Grant Contract with the Government for said <br /> project, and <br /> WHEREAS, the Common Council of the City of South <br /> Bend has approved the Urban Renewal Plan of said project, <br /> which provides for certain municipal parking structures <br /> to be constructed in said project area, and <br /> WHEREAS, the United States of America has requested <br /> assurance that the municipal parking structures will be <br /> constructed in accordance with the Urban Renewal Plan, <br /> and <br /> WHEREAS, an Agreement between the City of South <br /> Bend and the Department of Redevelopment has been sub- <br /> mitted to the Common Council for its approval, which <br /> provides for the purchase and construction of municipal <br /> parking structures on land within said project area and <br /> more particularly described in said Agreement, all sub- <br /> ject to the successful sale of revenue bonds for the <br /> financing of the purchase of land and construction of <br /> said municipal parking structures, <br /> NOW, THEREFORE, BE IT RESOLVED by the Common <br /> Council of the City of South Bend, that the proposed <br /> Agreement between the City of South Bend and the De- <br /> partment of Redevelopment providing for the purchase <br /> of real estate described in said Agreement and for <br /> the construction of municipal parking structures subject to compliance <br /> thereon is hereby approved,/ and the Mayor and Clerk in all respect with <br /> of the City of South Bend are hereby authorized to applicable State and <br /> execute said Agreement for and on behalf of the City Local Laws_, <br /> of South Bend. <br /> Ist do 2nd REAOII'IS <br /> OOI TTTEE OF Ti�E *IDLE <br /> PUBLIC NEAR!t S <br /> 3rd READING <br /> NOT A PROVED KATHRYN L. BLOUGH <br /> REFEIRM 71TY CLEM SOUTH BEND, IND. <br /> PASSED <br />